The following information relates to Questions 6 and 7 Consider a 6% coupon bond making annual coupon payments with three years until maturity and with a yield to maturity of 10%. Assume par value to be 100. Also, assume that the settlement is on a coupon payment date so that t/T = 0. 6. Find the Macaulay duration by filling in the table below. Time until payment (years) Payment Present value at 10% weight Weighted period Column sum: Macaulay duration: 7. Find the Macaulay duration by using the formula (show your work!!): 8. An investor buys a 6% annual payment bond with three years to maturity. The bond has a yield-to-maturity of 8% and is currently priced at 94.845806 per 100 of par. Find the bond's Macaulay duration. (You can use any method you want such as making the table or using the formula)